Next shelves fundraise amid private InsurTech valuation pressure
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Next shelves fundraise amid private InsurTech valuation pressure

Giovanna Bellotti Azevedo, 
Adam McNestrie
April 01, 2022
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DONT USE OLD DONT USE

InsurTech Next Insurance has shelved a private capital raise it had launched in the fourth quarter of 2021, according to sources.

It is understood that Next decided to discontinue the process after it proved an uphill battle to secure funding at an attractive valuation amid volatile market conditions.

Technology

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